Forex: EUR/GBP up around 0.8070
Forex pairs in this Article »
EUR/GBP
FXstreet.com (Barcelona) - The pair keeps the positive mood on Friday, propped up by the good performance of both the sterling and the single currency, climbing to fresh highs around 1.2990 and below 1.6100 against the greenback, respectively.
Rumours regarding a Spanish bailout earlier on in the European morning, plus the Nobel peace price awarded to the euro zone afterwards have bolstered the intraday upside, extending the bull-run sparked on Thursday.
The pair is now climbing 0.16% at 0.8073 with the next resistance at 0.8113 (Upper Bollinger) ahead of 0.8114 (high Sep.14) then 0.8115 (MA200d) and 0.8163 (high Jun.11).
On the downside, a breach of 0.8023 (MA21d) would aim to 0.7964 (MA100d) then 0.7933 (Lower Bollinger) and 0.7923 (low Sep.27).
Rumours regarding a Spanish bailout earlier on in the European morning, plus the Nobel peace price awarded to the euro zone afterwards have bolstered the intraday upside, extending the bull-run sparked on Thursday.
The pair is now climbing 0.16% at 0.8073 with the next resistance at 0.8113 (Upper Bollinger) ahead of 0.8114 (high Sep.14) then 0.8115 (MA200d) and 0.8163 (high Jun.11).
On the downside, a breach of 0.8023 (MA21d) would aim to 0.7964 (MA100d) then 0.7933 (Lower Bollinger) and 0.7923 (low Sep.27).
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